Induction Manager to create nine jobs after securing €400,000 investment

Dublin-headquartered Induction Manager said today that it is creating nine new jobs after raising €400,000 in funding to support its growth strategy.

Business angel investors from Cork-based Boole Investment Syndicate provided €100,000 of the investment with the remainder raised from Enterprise Ireland and other private investors.

The nine new roles will be in the areas of sales and customer support and will all be based from the company’s Dublin office. Induction Manager also has a presence in London with 90pc of its business coming from the UK.

Induction Manager is an online induction platform for large organisations in UK and Ireland. Customers of Induction Manager customise the platform to suit their needs and pre-induct contractors and employees before they arrive to start work. The induction courses can be taken via computer, tablet or smartphone.

The company was founded in April 2012 by Seán Fennell and Julie Currid, who both have a background in online learning and identified a gap for organisations inducting large numbers of contractors or employees. The company decided to seek investment to accelerate its growth.

“We were doing well and had a number of high profile customers on board, particularly in the UK so we knew there was an opportunity for us to grow faster and create more jobs,” said Fennell. “Having a number of customers onboard before we approached the investors offered additional credibility to our business. Now that we have secured the investment, we are taking on additional employees and with our strong growth path I foresee additional positions being created early next year.”

Induction Manager now has more than 30 customers including Adobe, Pfizer, British Gas and Sodexo.

“We meet with four or five companies every month but Induction Manager really stood out,” said Brian Clune of the Boole Investment Syndicate and one of the investors in Induction Manager. “It was providing a solution to a large gap in the market. The company was already operational and had established customers and had made a serious investment in software to streamline processes in their own business. What it needed was the investment and guidance to help it get to the next level of growth and we had a number of investors who were willing to help.”